Examples of Subordinated Term Loan Agreement in a sentence
Ball Metal Food Container, LLC, has a loan to Xxxxx Creek Vegetable Company for an original principle amount of $14,000,000 under the Subordinated Term Loan Agreement dated February 28, 2014 Owner Investment 12/31/14 Balance Ball Corporation Xxx Soon-Ball Yamamura Inc.
Borrower is not a party or subject to any contract or subject to any charge, corporate restriction, judgment, decree or order materially and adversely affecting its business, assets, operations, prospects or condition, financial or otherwise, or which restricts its right or ability to incur Indebtedness (other than under the Subordinated Term Loan Agreement and the Seller Debt), and it is not party to any labor dispute.
Does not include the $170 million aggregate principal amount outstanding under the MacAndrews & Forbes Senior Subordinated Term Loan Agreement which Products Corporation entered into in January 2008, which is due in August 2009, and which was drawn in full on the February 1, 2008 repayment of the 8 5/8% Senior Subordinated Notes since it was not outstanding at December 31, 2007.
Does not include interest on the $170 million aggregate principal amount outstanding under the MacAndrews & Forbes Senior Subordinated Term Loan Agreement which Products Corporation entered into in January 2008 and which was drawn in full on the February 1, 2008 repayment of the balance of the 8 5/8% Senior Subordinated Notes.
Late payment fees accrued and not paid for 30 days add to the debt (are capitalised), and thereafter attract late payment fees.Security: Subject to any credit then being extended by Vinpac to the Customer, the Customer pledges to Vinpac all the Customer's property from time to time under Vinpac's possession or control as security for money due or to become due to Vinpac under any contract.
Subordinated Term Loan Agreement, dated as of August 29, 2008, among United Community Bank, as borrower, the lenders from time to time party thereto, and SunTrust Bank as administrative agent (incorporated herein by reference to Exhibit 10.1 to United Community Banks, Inc.’s current report on Form 8-K, filed with the SEC on August 28, 2008).
No Borrower shall, nor shall any Subsidiary of any Borrower, declare or pay or make any form of Distribution as that term is defined in the Subordinated Term Loan Agreement as in effect on the date hereof, except as may be permitted under the terms of Section 7.6 of, the Subordinated Term Loan Agreement as in effect on the date hereof.
The Borrower shall pay interest from the Disbursement Date on the unpaid principal amount outstanding hereunder from time to time in like money at the per annum rate set forth in the Subordinated Term Loan Agreement described below.
On May 23, 2019, the Company entered into Amendment No. 3 to the Subordinated Term Loan Agreement that extended the maturity date to December 31, 2020.
Restricted Payments 62 Senior Subordinated Term Loan Agreement SECTION 7.02.